The State Life Insurance Company®, (State Life) is a OneAmerica® company, founded in 1894 and is headquartered in Indianapolis, Indiana. The State Life Insurance Company offers individual hybrid life/long term care products.
The State Life Insurance Company operates as a subsidiary of OneAmerica Financial Partners, Inc.
State Life which is a One America company’s Hybrid Life-Long Term Care Insurance Plans are named Asset I, Asset II, Asset III
The State Life Hybrid Long Term Care Insurance plan offers a 48 month, a 66 month and an unlimited benefit period. They have an individual plan for single people as well as a shared policy that covers two people.
The State Life Insurance Company® Hybrid Long Term Care Insurance plan called Asset Care also will pay out a tax free life insurance benefit. If long term care is never needed the family gets a lump sum payment at death. If it is a couple’s shared policy the death benefit is second to die and is paid out after both insured have passed away.